Generation Schools Network Inc
Nonprofit profile at a glance
- EIN
- 760783006
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Centennial, CO, USA
- Phone
- 7204523600
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $2,850,882
- Expenses
- $3,537,439
- Assets
- $571,258
- Liabilities
- $69,968
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- WENDY LOLOFF COOPER (CEO)
Highest reported compensation
- WENDY LOLOFF COOPER (CEO): $147,525 total reported compensation
- KIRK BANGHART (VP & CHIEF F): $133,400 total reported compensation
- JOSEPH SILVA (VICE PRESIDE): $128,285 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Gsn seeks to fulfill our mission to co-create healthy school ecosystems by partnering with educators, students, families, and communities to elevate the education experience. Gsn specifically targets its education supports and turnaround efforts in schools whre it can focus on changing the trajectory of traditionally marginalized and underserved students. Gsn accomplishes this through providing embedded coaching and technical assistance accompanied by curriculum and resources based on its award- winning school model as well as efforts that build collective action in neglected educational spaces.
What it reported doing in 2024
Generation schools network (gsn)has a vision that all schools are vibrant, inclusive ecosystems that ensure every student thrives in school, work and life. Gsn seeks to fulfill our mission to co-create healthy school ecosystems by partnering with educators, students, families and communities to elevate the education experience. Gsn specifically targets its education supports and turnaround efforts in schools where it can focus on changing the trajectory for traditionally marginalized and underserved students. Gsn accomplishes this through providing embedded coaching and technical assistance accompanied by curriculum and resources based on its award- winning school model as well as efforts that build collective action in neglected educational spaces.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 12
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.4%; rating input score 96
- Program expense ratio: 77.7%; rating input score 78
- Fundraising efficiency: $4.9 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -24.1%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 21.8%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 9.1% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 96.4% of revenue deployed · 77.7% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.7M in reported program spending
- Leadership: top reported pay $148K · 18 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.